BC Copper 2605 Contract Sees Price Fluctuations, Settles Down 0.09% Amid Trading Volume Decline

Published: Mar 31, 2026 20:07

Save

Today, the most-traded BC copper 2605 contract opened at 85,020 yuan/mt. Its center fluctuated upward and, after touching a high of 84,940 yuan/mt, began to decline. Near the close, it hit a low of 84,260 yuan/mt and finally settled at 84,410 yuan/mt, down 0.09%. Open interest reached 6,279 lots, an increase of 157 lots from the previous trading day, while trading volume came in at 3,298 lots, a decrease of 1,106 lots from the previous trading day. The SHFE copper 2605 contract closed at 95,340 yuan/mt. Based on the BC copper 2605 contract price of 84,410 yuan/mt, its after-tax price was 95,383 yuan/mt. The price spread between the SHFE copper 2605 contract and BC copper was -43 yuan/mt, with the backwardation remaining in place and narrowing from the previous day.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

March Copper Cathode Production Hit a Record High, Q2 Production Will Decline Due to Maintenance

March production was broadly in line with expectations, increasing by 63,700 mt from February on a MoM basis to a record high.

1 hour ago

China Southern Power Grid Launches 2026 IT Project Tenders, Involving 24 Packages

According to Polaris Power Network, on March 27, China Southern Power Grid launched the first batch of tenders for information technology projects in 2026. A total of 5 lots and 24 packages were involved, including 15 system construction projects, 2 special research projects, 5 business support projects, and 2 equipment procurement projects.

1 hour ago

Guiyang Power Supply Plans 523 AC Projects for 2026, Expanding Grid Infrastructure

According to BJX.com.cn, Guiyang Power Supply Bureau’s first batch of distribution network construction projects planned for 2026 totaled 523 projects, all of which were AC projects, including 174.19 km of new 10(20) kV lines, 316 distribution transformers, distribution transformer capacity of 100,905 kVA, and 279.69 km of low-voltage lines.

1 hour ago